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Hurricanes Continue to Affect Capacity Nationwide

Sep 17 – 23 – Capacity remains tight, and national average rates for vansflatbeds, and reefers continue at their highest levels in more than two years, due partly to supply chain disruptions following Hurricanes Irma and Harvey. Last week, rates rose again in the Northeast, Midwest, and Western regions, more than offsetting declines in outbound pricing from Texas, Florida, and surrounding markets.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Sep 17 – 23 vs.
Sep 10 – 16
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads +4.3% +6.2% +100%
Spot Market Capacity +4.7% +12% 1.0%
Van Load-To-Truck 2.9% 0.7% +89%
Van Rates (Spot) +0.5% +0.6% +11%
Flatbed Load-To-Truck +5.1% 22% +170%
Flatbed Rates (Spot) +0.4% +0.5% +15%
Reefer Load-To-Truck +2.9% +11% +78%
Reefer Rates (Spot) +1.4% +0.5% +10%
Fuel Prices 0.4% +3.9% +10%
Spot Truckload Rates Remain at Two-Year Highs

Last update: 9/27/2017 – Next update: 10/4/2017

Fuel Prices
+0.0%$2.79 / gallon
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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Sep 10 – 16 vs.
Sep 3 – 9
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads +27% +6.2% +100%
Spot Market Capacity +19% +12% 1.0%
Van Load-To-Truck 0.6% 0.7% +89%
Van Rates (Spot) +0.0% +0.6% +11%
Flatbed Load-To-Truck +19% 22% +170%
Flatbed Rates (Spot) +0.0% +0.5% +15%
Reefer Load-To-Truck +4.9% +11% +78%
Reefer Rates (Spot) +0.5% +0.5% +10%
Fuel Prices 0.4% +3.9% +10%
Rates Hit 2-Year Highs After Hurricanes Irma and Harvey

Capacity Tightens in Wake of Hurricanes

Sep 10 – 16 – Hurricanes Harvey and Irma have come and gone, but their destructive effects will last for months or even years. Last week, supply chains that were already disrupted by Harvey were hit again by Irma’s landfall. Truckers and freight brokers have been helping with recovery efforts, while tight capacity caused by the disruption, combined with demand from a stronger economy, boosted spot market volume and rates to the highest levels in more than two years for vansflatbeds, and reefers.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Last update: 9/20/2017 – Next update: 9/27/2017

Fuel Prices
-0.4%$2.79 / gallon
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Capacity Tightens in Harvey’s Wake

Sep 3 – 9 – Two powerful hurricanes hit within just a few days, destroying lives, homes and businesses. It will take months or years to repair the property damage alone. Freight transportation is disrupted all across the U.S., as supply chains were re-routed after Hurricane Harvey and again before Hurricane Irma. Fuel prices also soared, driving rates up to the highest weekly averages in more than two years. National average van rates gained 3¢ per mile, reefer rates jumped 8¢, and flatbed rates added 4¢.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Sep 3 – 9 vs.
Aug 27 – Sep 2
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads 2.7% +6.2% +100%
Spot Market Capacity 15% +12% 1.0%
Van Load-To-Truck +17% 0.7% +89%
Van Rates (Spot) +1.6% +0.6% +11%
Flatbed Load-To-Truck +29% 22% +170%
Flatbed Rates (Spot) +1.8% +0.5% +15%
Reefer Load-To-Truck 2.1% +11% +78%
Reefer Rates (Spot) +3.8% +0.5% +10%
Fuel Prices +1.4% +3.9% +10%
Spot Rates Rise Before Irma Lands
Fuel Prices
+1.4%$2.80 / gallon

Last update: 9/13/2017 – Next update: 9/20/2017

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Industry Trends - Spot Market Industry Trends - Van Industry Trends - Flatbed Industry Trends - Reefer Industry Trends - Fuel Prices
Industry Trends WEEK MONTH YEAR
Aug 27 – Sep 2 vs.
Aug 20 – 26
Aug 2017 vs.
Jul 2017
Aug 2017 vs.
Aug 2016
Spot Market Loads +2.9% +6.2% +100%
Spot Market Capacity 4.3% +12% 1.0%
Van Load-To-Truck +8.7% 0.7% +89%
Van Rates (Spot) +6.7% +0.6% +11%
Flatbed Load-To-Truck +0.5% 22% +170%
Flatbed Rates (Spot) +0.9% +0.5% +15%
Reefer Load-To-Truck +16% +11% +78%
Reefer Rates (Spot) +1.4% +0.5% +10%
Fuel Prices +5.4% +3.9% +10%
Post-Hurricane Van Rates Increase 12¢

Harvey Disrupts Supply Chains, Causing Capacity Shortfalls

Aug 27 – Sep 2 – In the first full week since Hurricane Harvey, truckers rushed to help with emergency relief, supply chains faced massive disruption, and ripple effects led to capacity shortfalls in multiple freight markets throughout the country. Van rates soared an average of 12¢ per mile nationwide as a result, while reefer rates rose 3¢ and flatbeds added 2¢. Also on the rise are diesel prices, which increased an average of 15¢ per gallon nationally, due to closure of many Houston-area refineries.

The chart above depicts national average spot market rates for the past four weeks, including fuel surcharges. Weekly rate snapshots reflect averages for the month to-date, from DAT RateView.

Last update: 9/6/2017 – Next update: 9/13/2017
Fuel Prices
+5.4%$2.76 / gallon
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